Thank you for the post. You are partially correct. While I hate to cite Wikipedia, you’re welcome to spot check the factual accuracy on Britanica (linked below) or any other source.

From Wikipedia:
“The First Industrial Revolution, which began in the eighteenth century, merged into the Second Industrial Revolution around 1850, when technological and economic progress gained momentum with the development of steam-powered ships, railways, and later in the nineteenth century with the internal combustion engine and electrical power generation.

The period of time covered by the Industrial Revolution varies with different historians. Eric Hobsbawm held that it ‘broke out’ in the 1780s and was not fully felt until the 1830s or 1840s,[4] while T. S. Ashton held that it occurred roughly between 1760 and 1830.[5] Some twentieth century historians such as John Clapham and Nicholas Crafts have argued that the process of economic and social change took place gradually and the term revolution is not a true description of what took place. This is still a subject of debate amongst historians.[6][7]”

Britanica:
http://www.britannica.com/EBchecked/topic/287086/Industrial-Revolution